Scandinavia 
Norway
Norway
Norway
 Norway is a constitutional monarchy in Northern Europe that occupies the western portion of the Scandinavian Peninsula. It is bordered by Sweden, Finland, and Russia. The country's extensive coastline is home to its famous fjords.In the 1920s, Norway annexed Jan Mayen and was given the sovereignty over the Arctic archipelago of Svalbard under the Svalbard Treaty. Becoming the first European nation to declare independence in the 20th century, since World War II Norway has experienced rapid economic growth, and is now amongst the wealthiest countries in the world. Norway is the world's third largest oil exporter and the petroleum industry accounts for around a quarter of GDP. The oil industry is mainly situated outside and controlled from the oil capital Stavanger. Norway has also rich resources of gas fields, hydropower, fish, forests, and minerals. Norway was the second largest exporter of seafood in 2006. Norway has a Scandinavian welfare model and the largest capital reserve per capita of any nation. Norway was ranked highest of all countries in human development from 2001 to 2006, and came second in 2007. It also rated the most peaceful country in the world in a 2007 survey by Global Peace Index. |
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